The Wall Street Journal digs here into the still-under-construction GOP party platform, and finds that housing policy is one of the planks:
WASHINGTON—A Republican victory in November could restart a long-standing debate over the future of mortgage-finance companies Fannie Mae and Freddie Mac, according to a draft of the party platform, a sharp contrast to the Democratic Party platform, which didn’t address housing finance.
The Republican Party’s draft platform calls for dismantling Fannie and Freddie, scaling back the government’s role in the housing market, and promoting stronger underwriting standards for home loans.
The early 58-page draft plan, which was revised before being adopted this week by the GOP platform committee, contained financial regulation planks that echo principles of a sweeping legislative package unveiled in June by House Financial Services Committee Chairman Jeb Hensarling (R., Texas).
A final draft of the platform is expected to be released next week.